A new era after an incomplete deal: Nvidia sold the remaining Arm shares for $40 billion

A Brief History of the Deal

More than five years ago, Nvidia attempted to acquire British processor architecture manufacturer Arm for $40 billion, but antitrust authorities ultimately refused to approve the transaction. As a result, Arm remained independent, and Nvidia received only a portion of the shares.

Recent Sales Data

Bloomberg reported that according to regulatory filings, Nvidia sold 1.1 million Arm shares for $140 million (at current prices). The deal was concluded in the last quarter, but it was announced only now. After the sale, Nvidia no longer holds any Arm shares.

The Company’s Path After the Rejection

After abandoning the Arm deal in February 2022, the company went public. At the same time, SoftBank, the owner of Arm, sold all its Nvidia shares last year to raise funds for large joint projects with OpenAI on AI infrastructure development in the United States.

Nvidia’s Investment Activity

Having increased its cash reserves during the artificial intelligence boom, Nvidia became an active investor. In addition to Intel, it holds stakes in companies such as:

- CoreWeave – a data center operator;
- Synopsys – a chip design software developer;
- Nokia.

Thus, although the initial purchase of Arm did not materialize, Nvidia continues to expand its portfolio through strategic investments in key industry players.